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59388 41st St, Paw Paw, MI, 49079

9beds
6baths
4,000sqft
$2,050,000
$513price/sqft
$13,725/moest. monthly cost
$549,000/yrincome needed

About This Home

2 Lake Homes on 3 Mile Lake, a Colonial and a Farm House, Over 91 Acres, This is your Opportunity to Own a Private Retreat in the heart of the Grape County. Located in Southwest Michigan, half way between Detroit and Chicago and close proximity to city Amenities. This unique property combines 190 apprx. feet of lake frontage on an All Sports Lake. 80 acres of Forest, Fields, Farm and Wetlands with a Pole Barn, Garages. 3 Mile Lake is perfect for swimming, water skiing, fishing, sailing, paddle boarding and canoeing. The region is excellent for farming with plenty of water. Approx. 40 acres of land could be planted. Local crops include grapes, strawberries, corn, wheat and more. A unique opportunity for a family compound, enjoyment and investment. View the picturesque land, A True Paradise of the Outdoors! Additional Undeveloped Lake Frontage at the end of N Park, Once in a Lifetime Opportunity, This Package includes 4 parcel #s. Information/Taxes are for all 4 parc

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

6/10
Paw Paw Later ElementaryGrades 3-52.9 mi
4/10
Paw Paw Middle SchoolGrades 6-82.8 mi
6/10
Paw Paw High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Michigan Basement,Slab

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6
  • Main level bedrooms: 5

Features

  • Eat-in Kitchen
  • Finished area below ground: 0

Heating

  • Heating features: Baseboard,Forced Air

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Property

Details

  • Parcel number: 801426000100,801402100501,801402100200,80140160320

Features

  • Stories: 2
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Three Mile Lake

Lot

  • Lot size: 91.57 Acres
  • Features: Corner Lot,Recreational,Tillable,Wooded,Wetland Area,Ravine
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 4
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hail
Strong Wind
Ice Storm
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Van Buren County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,365$124,380
Home Insurance *$1,028$12,336
Property Taxes $1,896$22,752
Electricity $436$5,235
Total$13,725$164,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$470,571/yr
40% on housing$411,750/yr
45% on housing$366,000/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$513This listing

vs Other Active Listings

Avg $/sqft

ZIP 49079$153
Van Buren County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49079
Van Buren County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$2,100,000
2026-04-16Listed for sale$2,250,000
2026-04-16Listing removed$2,250,000
2025-10-28Listed for sale$2,250,000

For Sale by Agent

AgentDavid Chapman
BrokerageCompass Realty

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